We can assist you in streamlining vendor management, from onboarding and appraisal to reporting and offboarding, as required. Gather the data you need to keep track of possible risks and apply essential controls.
With our custom configuration of your OneTrust modules, you’ll be able to easily monitor, evaluate, track, and mitigate potential risks associated with partnering with vendors. Produce reports to describe and track your commercial goals and relationships with vendors, automatically highlight risks and have the ability to monitor data over time for tracking and reporting.
Proactively monitor risk analytics and control gap reports. For instance, use Third-Party Risk Exchange to access an international community of businesses and vendors to share privacy, security, and compliance information without requiring continual assessments.
Rejuvenate each stage of your third-party lifecycle with automated workflows for:
• Vendor onboarding
• Assessment
• Risk mitigation
• Reporting
• Monitoring, and;
• Offboarding
Inform and accelerate vendor evaluations with easy access to risk analytics and control gap reports on thousands of vendors across 18 risk domains. Get all the security, risk, compliance, and ESG insights you need.
Login to the Third-Party Risk Exchange Community to Prioritise, Assess, and Monitor Vendors with Ease – Identify Your High-Risk Vendors
Organise your vendor assessment actions with immediate access to Auto Inherent Risk scores. Then, swiftly rank your vendors using these scores and other vendor Trust Profile data available within the Exchange.
Access vendors’ Trust Profiles and comprehensive privacy, security, and compliance data, including ESG and cyber risk cores. Use the Exchange to conduct preliminary research and rapidly populate your vendor inventory, utilising Trust Profile data already aggregated within the Third-Party Risk Exchange.
Calculate your vendors’ potential risks across 18 domains. Rapidly request and access analytics without mundane assessment reviews, and simultaneously examine control gaps linked to the framework of your choice (NIST, ISO, and others), powered by the Shared Assessments SIG Lite.
Monitor risk exposure and automate record-keeping using dashboards and drill-down reports to maintain evidence of compliance. Generate executive-ready PDFs to provide board-level clarity.
Receive automatic updates whenever assessment responses and risk scores change. Acquire proactive alerts from vendors when they update privacy, security and compliance information and evidence within their Trust Profile.
